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FREIGHT TO FOREIGN SHIPPING LINES
India sets eyes on 100 more flagged vessels to cut forex outgoIndia plans to add one hundred flagged vessels within five years. This initiative aims to significantly reduce the nation's foreign freight...- India pivots to US for LPG, LNG as West Asia crisis disrupts Gulf suppliesIndia is sharply increasing LPG and LNG imports from the United States as West Asia disruptions constrain traditional Gulf supplies. US LPG...
- Shipping tycoon Klaus-Michael Kuehne dies at 89 in SwitzerlandKlaus-Michael Kuehne, the richest man in Germany, has passed away at the age of 89. Under his leadership, Kuehne + Nagel transformed into a...
- India's exports to Iran set to fall further due to Dubai halt, US sanctionsNew U.S. sanctions and UAE trade suspension may disrupt Indian exports to Iran. Rice, tea, and pharmaceutical shipments routed through Duba...
- India poised to become global shipbuilding hub: Defence Minister Rajnath SinghIndia is set to become a global shipbuilding hub, addressing a market vacuum. The nation will focus on design, manufacturing, and MRO servi...
- South Korean container ship sets sail on first commercial Arctic voyage to EuropeA South Korean container ship has begun its first commercial voyage via the Arctic. This journey aims to test the viability of the Northern...
- India's goods trade deficit hits 6-month high as imports rise amid Middle East conflictIn July, India's merchandise trade deficit climbed to $31.98 billion, the highest in six months, largely attributed to increasing oil and e...
- Global Market: Nikkei slips as rising oil prices, bond yields weigh on Japanese stocksJapan’s Nikkei fell on Friday and was headed for its steepest weekly decline in more than a month as rising oil prices, higher bond yields ...
- India reworks oil map with Venezuela as Hormuz battlefield keeps Gulf flows in doubtIndia is increasing crude oil imports from Venezuela and Latin America. This diversification aims to secure supplies amid Middle East disru...
- New railway projects to cut oil imports by 13 cr litres & CO2 emissions by 65 cr kg, equal to planting 2.6 cr trees; All about Rs 9,450 cr multitracking projectsThe Cabinet Committee on Economic Affairs has approved four major railway projects aimed at improving freight movement and passenger connec...
- ADNOC launches ninth spot crude tender since June, sources sayAbu Dhabi National Oil Company is offering spot crude oil in a tender. This tender is for Upper Zakum, Umm Lulu, and Das crude oil. Bids ar...
- Red Sea blockade threat: Why India’s trade faces a wider supply-chain shockA prolonged disruption could force ships to reroute around the Cape of Good Hope, raising logistics costs while squeezing exporters and add...
- Cabinet clears Rs 13,041 crore rail & road projects; Howrah-Chennai line to be quadrupledThe Union Cabinet approved five infrastructure projects totaling Rs 13,041 crore. Four railway projects will enhance capacity on key easter...
- Keralam Govt to lease land to CSL for Rs 5,000 cr ship block building project, says CM SatheesanThe Kerala government will lease 18.16 acres of land to Cochin Shipyard. This land will support a ship block building project with an inves...
- Global Market: Japan stocks slide as oil spike and rising bond yields weigh on sentimentJapan’s Nikkei fell 1.1%, ending its five-session rally as Middle East tensions disrupted oil supplies and revived inflation concerns. Risi...
- India must strengthen shipping capacity, naval protection amid growing chokepoints: GTRIIndia must treat maritime insecurity as a long-term trade risk as the Red Sea crisis crosses 1,000 days, GTRI said. Longer shipping routes ...
- UAE says Iran attacked ADNOC vessel in Strait of HormuzThe United Arab Emirates reported an Iranian attack on an oil company vessel. No injuries occurred, and the situation was reportedly under ...
- UAE points finger at Iran as two ADNOC ships attacked in Strait of HormuzTwo Abu Dhabi National Oil Company vessels faced attacks in the Strait of Hormuz. The United Arab Emirates accused Iran of carrying out the...
- Indian exporters suffer twists and turns of freight amid Lanka, Singapore transhipment jamIndian exporters face delays due to congestion at Singapore and Colombo ports. A surge in China-US trade is reducing container availability...
- Indian manufacturers turn to air freight as West Asia crisis disrupts sea shipmentsIndian manufacturers are airlifting components to ensure festive season production continuity. Sea freight delays and congestion are making...
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